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Coinbuddy (OP)
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February 25, 2015, 06:33:50 AM
Last edit: February 25, 2015, 05:13:23 PM by Coinbuddy |
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Aquifer, a California-based Bitcoin mining firm, has filed for Chapter 11 bankruptcy. The company filed on February 19, but the official documents have just been made available today. |
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koelen3
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Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
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February 25, 2015, 08:35:51 AM |
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All cloud-mining sites are either ponzie or go down hard. Not an Era of mining |
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Lethn
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Activity: 1540
Merit: 1000
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February 25, 2015, 09:04:17 AM |
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All cloud-mining sites are either ponzie or go down hard.Not an Era of mining Badly managed or scam artist cloud mining sites go down hard, others are doing just fine because they provide honest services, mining is fine, it's just like with exchanges though and things like that, you can't have some random guy setting this shit up who doesn't know a thing about what he's getting into and expects to be a millionaire in a week. |
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koelen3
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Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
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February 25, 2015, 09:17:07 AM |
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All cloud-mining sites are either ponzie or go down hard.Not an Era of mining Badly managed or scam artist cloud mining sites go down hard, others are doing just fine because they provide honest services, mining is fine, it's just like with exchanges though and things like that, you can't have some random guy setting this shit up who doesn't know a thing about what he's getting into and expects to be a millionaire in a week. YOu're pretty right on that but can you name some good cloud-mining sites which are still up  |
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Kazimir
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Activity: 1176
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February 25, 2015, 09:27:23 AM |
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When will people ever learn   |
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networthsigns
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February 25, 2015, 03:58:11 PM |
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When will people ever learn I invested in PBmining but good thing i got most of it back when they went bad but that gave me good lesson  |
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LiteCoinGuy
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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February 25, 2015, 04:10:46 PM |
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never heard of that service but: RIP
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countryfree
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Activity: 3052
Merit: 1047
Your country may be your worst enemy
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February 25, 2015, 04:17:45 PM |
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Good news. For BTC' sake, all cloud mining services should fall.
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I used to be a citizen and a taxpayer. Those days are long gone.
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Lethn
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Activity: 1540
Merit: 1000
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February 25, 2015, 04:33:26 PM |
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I'm also going to defend Genesis Cloud Mining, I'm quite happy using them and they're responsive too.
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neurotypical
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February 25, 2015, 04:38:55 PM |
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All cloud-mining sites are either ponzie or go down hard.Not an Era of mining Badly managed or scam artist cloud mining sites go down hard, others are doing just fine because they provide honest services, mining is fine, it's just like with exchanges though and things like that, you can't have some random guy setting this shit up who doesn't know a thing about what he's getting into and expects to be a millionaire in a week. It was clear most cloud mining sites were scams since the beginning. Thats why I voided it. Some of the legit companies stopped their cloud mining services anyway tho, just not lucrative at current price. |
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koelen3
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Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
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February 25, 2015, 05:16:55 PM |
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All cloud-mining sites are either ponzie or go down hard.Not an Era of mining Badly managed or scam artist cloud mining sites go down hard, others are doing just fine because they provide honest services, mining is fine, it's just like with exchanges though and things like that, you can't have some random guy setting this shit up who doesn't know a thing about what he's getting into and expects to be a millionaire in a week. YOu're pretty right on that but can you name some good cloud-mining sites which are still up Hashnest, it is ran by Bitmain with only a true number of miners on there and after the miner is no longer profitable for 10 days at their data center you can pay for shipping and have it sent to you. wow that is amazing! |
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Snorek
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Activity: 1400
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February 25, 2015, 05:42:36 PM |
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No wonder they are bankrupting. I never heard anything about this company. Aquifer sure did not spend much money on promotion if they are unknown on the biggest bitcoin forum...
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mayax
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Activity: 1456
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February 25, 2015, 05:51:05 PM |
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No wonder they are bankrupting. I never heard anything about this company. Aquifer sure did not spend much money on promotion if they are unknown on the biggest bitcoin forum...
Why would they be? The mining is not about popularity. it's about how you can get free electricity and about selling BTC to USD Only the cloud mining needs advertising. The question still remains. How can the miners continue their work with the BTC price? Normally, 99% of them should close the biz. Make the calculations and you will see that I am right. |
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